If the Japanese Yen appreciates relative to the U.S dollar, how will this impact U.S imports, exports, net exports, aggregate demand, the price level and the level of real GDP in the U.S? Will depreciation in the value of the US dollar relative to the Japanese Yen have any impact on SRAS? Explain your answer carefully.

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter11: Foreign Exchange, Trade, And Bubbles
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If the Japanese Yen appreciates relative to the U.S dollar, how will this impact U.S imports, exports, net exports, aggregate demand, the price level and the level of real GDP in the U.S? Will depreciation in the value of the US dollar relative to the Japanese Yen have any impact on SRAS? Explain your answer carefully. 

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